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Real estate professional benefits in Investment property, need expert advice

Posted on 4/12/14 at 9:14 pm
Posted by Trophy Husband
Member since May 2008
22 posts
Posted on 4/12/14 at 9:14 pm
My wife (real estate agent) and I purchased our first residential investment property last year. I do not fully understand the benefits of the real estate professional pertaining to passive income. Can one of you experts please put it in layman's terms for me. THANKS.
Posted by Teddy Ruxpin
Member since Oct 2006
39602 posts
Posted on 4/12/14 at 9:18 pm to
Your wife doesn't want to help you out with this?
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 4/12/14 at 9:41 pm to
God I hope I never meet her. Apparently she doesnt know shite about real estate or hates your guts.
Posted by gizmoflak
Member since May 2007
11665 posts
Posted on 4/13/14 at 10:39 am to
quote:

Trophy Husband


Prayers sent
Posted by I Love Bama
Alabama
Member since Nov 2007
37732 posts
Posted on 4/13/14 at 11:10 am to
In my experience, after accounting for depreciation and Capex, you really don't stung on taxes.

No eaiser way to acquire wwealth than through real estate
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